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Web3
Web3, or Web 3.0, represents the next generation of internet technology, integrating blockchain and cryptocurrencies into everyday online interactions. It's a decentralized online ecosystem where users have control over their data and transactions. Web3 is powered by blockchain networks, providing transparency, security, and trust. It's a key concept in the crypto world, involving various people, from developers and investors to everyday users. Companies are leveraging Web3 to create decentralized applications (dApps), offering users new ways to interact online. Crypto exchanges play a crucial role in Web3, facilitating the trading of digital assets and tokens that fuel the ecosystem. Web3 represents a paradigm shift, offering opportunities for investment, innovation, and the potential to reshape the internet.
NFT Brand Pudgy Penguins Debuts Toy Collection in 2,000 Walmart Stores
Each toy provides access to Pudgy World, a multiplayer digital social experience, which could help improve visibility and users of the Pudgy Penguin brand.
Web3 Adventure Game Big Time Poised to Kickoff Its ‘Player-Owned Economy’
During the last year of beta testing, the crypto and NFT-focused game’s community has grown to over 350,000 people on Discord and over a quarter million on X (formerly Twitter).
Road Ahead for Crypto Adoption in Asia
CoinDesk executive director of global content Emily Parker discusses a high-level overview on the state of crypto adoption in Asia, after returning from a whirlwind trip overseas. Parker shares insights into the sentiment towards NFTs, Web3 gaming, and the nuances of Hong Kong's approach to the digital asset market.
The Salvation of Domain Ownership May Lie in Tokenization, and One Firm Is Pressing Hard to Make This a Reality
URLs are the pathway to the internet. While top domains might fetch in the hundreds of millions, they are still auctioned off like it’s the 20th century. Here’s how Web3 can change that.
Animoca Brands Executive Chairman Yat Siu: 'There Is Capital Going Into Web3'
Blockchain gaming firm Animoca Brands raised $20 million to advance its metaverse project "Mocaverse." Animoca Brands co-founder and Executive Chairman Yat Siu discusses what this means for the future of the metaverse and the broader Web3 ecosystem. "To set the record straight, there is capital going into Web3," Siu said.
Mark Cuban Loses Nearly $1M to Crypto Scam
The billionaire said he logged in to his crypto wallets after months of inactivity but had likely clicked on a phishing link.
Fireblocks CEO on Non-Custodial Wallet Service Demand in Wake of FTX Collapse
A new non-custodial wallet-as-a-service is offering fintech and corporate clients from acting as custodians, in an effort to make it easier for end users to access DeFi and other Web3 apps. Fireblocks co-founder and CEO Michael Shaulov shares insights into the move. "On the back of what happened with FTX, Celsius, and other entities last year...we've seen a lot of demand from end users to get clarity on what is the control of their wallets," Shaulov said.
IOTA Eyes Big Crypto Leagues Again With Series of Network Boosting Plans
These changes are supposed to boost the value of MIOTA tokens and improve network security.
South Korea’s Crypto Ecosystem Shakes Off Terra Debacle, With Gaming Dominating Web3 Activity
Korean banks are gradually dipping their toes in the market, and gaming firms are trying to capitalize in the crypto-frenzied market.
Google Cloud Exec on Future of Web3: We're 'Committed to the Space'
Google Cloud and OnFinality are collaborating with the aim to help Web3 developers build and scale decentralized applications on the Polkadot network. Google Cloud global head of Web3 strategy James Tromans discusses the announcement, along with insights into Google's future Web3 ambitions.